At a glance
- Grand Dynamic Builders accepted an RM877 million award from Rochester Logistics Asset 2 for the Shah Alam project.[1]
Scope and schedule
GDB’s 3 November filing appoints its wholly owned subsidiary as main contractor for demolition of an existing factory and construction of two five-storey logistics buildings in Seksyen 15, Shah Alam, Bernama reports.[1]
The 34-month contract is scheduled to start on 4 November 2026 and finish on 3 September 2029. The group plans to finance delivery through internal funds, bank borrowings or both as required.[1]
Construction pipeline
GDB said the award lifted its outstanding order book to a record RM2.93 billion. The company expects the project to contribute to earnings over the construction period, subject to unforeseen circumstances.[1]
Why it matters
The contract value measures construction work awarded. It should not be read as the completed property’s market value or as revenue and profit already recognised.
Sources & further reading
- GDB's Unit Secures RM877 Mln Works Contract In Selangor ↗Bernama · 3 Nov 2026 · Accessed 4 Nov 2026
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